$BITCOIN on the Brink – Major Support Broken
$BITCOIN has just taken a sharp turn. After holding steady in a tight range for nearly 10 hours, the $116,000 support level has officially been breached. This isn't just a dip—it's a warning signal.
The bears are stepping in with force, and the momentum has clearly shifted. If BTC can’t climb back above $116K soon, we could be staring at the next support zone between $112,000 and $113,000. That area may bring buyers back into the game—but until then, the pressure is building fast.
Watch these levels closely:
Immediate Resistance: $116,300 – This is where bulls need to push if they want to flip the tide.
Breakdown Confirmation: Sustained closes below $115,600 will confirm that the bears are steering.
Support Zone: $112,000–$113,000 – This could be the next battlefield.
It's a critical moment. Unless the bulls regroup quickly, we may be heading deeper into red territory. Eyes on the charts—this move could set the tone for the days ahead.